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. >> translator: i'm hoping that the business environment will provide a tail wind for us. and i'd like to see the economy pick up this year. >> translator: the japanese economy has hit rock bottom. neighboring asian economies are expanding significantly. japan must seize this opportunity to revitalize itself. it's our last chance. >>> business leaders have seen the nikkei go over the 10,000 level while the japanese currency touched the 88 yen level against the dollar for the fist time in 2 1/2 years. >> translator: stock markets around the world have probably bottomed out. i'm hopeful that the nikkei could reach 13,000. >> translator: the dollar needs to trade steadily around 90 yen and rise to 100 yen. if this doesn't happen, the japanese auto industry won't be able to make cars in the country. >> while the challenging economic environment remains, abe vowed that his once again newly installed administration will do all in its power to pull the nation out of deflation. corporate officials want the government to swiftly put the necessary measures into motion. >> translator: wist and swift and
of the association of southeast asian nations will start next wednesday. >> translator: the strategic environment has been changing drastically in the asia pacific region. it is crucial that japan strengthen its cooperative ties with asean members to secure peace and prosperity in this area. >> suga denied suggestions from the media that china's expansion in the south china sea is the main reason for the visit. he and prime minister abe want to firm up economic partnerships with these fast-growing asian countries, which are leading global economic growth. >>> senior officials of the ruling liberal democratic party and it's coalition party have agreed on abe's economic stimulus plan. the agreement came on thursday at a meeting attended by abe who is also the ldp leader and new komeito leader, natsayama guchi. abe calls the stimulus the first in a series of measures to avoid the economy's freefall and promote private sector investment. one of the three pillars of the package is projects for post- disaster rebuilding and disaster containment. these will include road repairs and making school buildings q
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